Economic reform and growth in Australia
The Australian economy has performed well over the past decade, with average growth of 4 per cent a year. It has also become substantially more flexible and resilient to domestic and international adverse events or ‘shocks’. This is in large part due to the wide-ranging structural change and reform that Australia has undergone in the past two decades. These reforms have demonstrably raised economic growth and living standards in Australia. The reform process has been difficult and controversial...[Show more]
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